FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'GDP'


Third quarter GDP rises 1.5%

Slightly weaker-than-expected
While third quarter GDP came in slightly weaker-than-expected, the good news is that consumers were still out spending July to September, and businesses were still investing.
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Final 2Q GDP comes in at 3.9%

Fixed residential investment a strong driver
Personal spending was stronger than expected in the second quarter, helping to drive real GDP to a very solid 3.9% annualized rate. However, the biggest push was from fixed residential investment.
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Fed: May economic activity shows signs of slowdown

Mixed bag on housing, positive news on unemployment
Early reports for the second quarter paint a mixed picture. According to the Chicago Federal Reserve, there was net improvement in May's run of economic data but not much, at least based on the national activity index. A bad sign for housing and mortgage activity in the second quarter?
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Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms
From the mid-'60s into the new millennium, these three cities in particular experienced phenomenal growth, but only contributed a small fraction to the growth of the nation. It’s this finding last month that underpins the need for a cohesive federal housing policy that can supersede some of the directions taken by local municipalities.
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U.S. economic growth just about grinds to halt

Exports drop off hobbles 1Q GDP
Economic growth in the United States is grinding to a near halt, with the first-quarter GDP estimate coming in at just 0.2%. What boosted it? Spending on heating oil and mandatory healthcare spending. It’s not looking good.
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